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Updated 2024-11-23 20:46
France fines Google $268M for adtech abuses and gets interoperability commitments
France’s competition watchdog, L’Autorité de la concurrence, has fined Google up to €220 million (~$268M) in a case related to self-preferencing within the adtech market which the watchdog found constituted an abuse by Google of a dominant position for ad servers for website publishers and mobile apps. L’Autorité began looking into Google’s adtech business following complaints from […]
99 minutos, Mexico’s last mile delivery startup, raises a $40M Series B
In 2014 Alexis Patjane was at a local hookah bar in Mexico City with some friends and the bar ran out of tobacco. They thought maybe they could buy some online and have it delivered to the bar in real-time, but it turns out that service didn’t exist. At the time, Patjane was running a […]
Jeff Bezos and his brother will fly on Blue Origin’s first human spaceflight with auction winner
Jeff Bezos is going to be one of the passengers on his spaceflight company Blue Origin’s first ever human space launch on July 20. The Amazon founder announced the news via his Instagram on Monday morning, revealing that his brother Mark will also be coming along for the ride. Bezos and his brother will join […]
YouTube expands TikTok rival Shorts to the UK, Canada, Latin America, lets users tap all of YouTube for tunes
One of Google’s strong advantages in the world of online video has been the sheer size of YouTube: currently, the site has more than 2.3 billion monthly active users and over 500 hours of content uploaded every minute. Now, Google and YouTube are hoping to leverage some of that heft as it goes head to […]
YC-backed Ziina raises $7.5M seed led by Avenir Growth Capital and Class 5 Global
Cash is the predominant method of sending and receiving payments in the Middle East. If you owe someone a cup of coffee or a trip over a long period, repaying via cash is your best bet. This is one problem out of many financial issues that haven’t been addressed in the region. The good news […]
Gillmor Gang: Fractured Fairy Tales
1971 is the name of the year and an Apple TV+ documentary series billed as The Year That Music Changed Everything. It’s also the number of hours the former President kept up his blog From the Desk Of. No, that’s not true. But it is satisfactual. The thesis of the movie 1971 is that music […]
Google’s Gradient Ventures leads $8.2M Series A for Vault Platform’s misconduct reporting SaaS
Fixing workplace misconduct reporting is a mission that’s snagged London-based Vault Platform backing from Google’s AI focused fund, Gradient Ventures, which is the lead investor in an $8.2 million Series A that’s being announced today. Other investors joining the round are Illuminate Financial, along with existing investors including Kindred Capital and Angular Ventures. Its $4.2M […]
Elon Musk officially hits the brakes on Tesla Model S Plaid+
Tesla CEO Elon has made it official and publicly cancelled plans to produce the Model S Plaid+, a supercharged version of the upcoming Plaid version of the electric vehicle that will be delivered to the first customers this month. Musk’s reason: Plaid is so good that another variant isn’t needed. “Model S goes to Plaid […]
China’s drive to compete against Starlink for the future of orbital internet
There has been a wave of businesses over the past several years hoping to offer broadband internet delivered from thousands of satellites in low-earth orbit (LEO), providing coverage of most of the earth’s surface. This isn’t the first time we’ve seen excitement in the category. Companies and people that you have heard of — Bill […]
In search of a new crypto deity
Hello friends, and welcome back to Week in Review! Last week, I wrote about tech taking on Disney. This week, I’m talking about the search for a new crypto messiah. If you’re reading this on the TechCrunch site, you can get this in your inbox from the newsletter page, and follow my tweets @lucasmtny. The […]
Get thrifty, and your startup might just acquire a generation
Etsy, a marketplace for kitschy and creative DIY goods, acquired Depop, a hippy and thrifty marketplace for resale goods, for $1.625 billion this week. So, today we’ll discuss the tale of two marketplaces, a deal that has given us a peek into the evolving ethos of social shopping. Depop, for those that don’t know, is […]
Not every SPAC is pure garbage
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment.
Um, where is the SEC when it comes to SPACs and conflicts of interest?
Earlier today, TechCrunch’s Kirsten Korosec reported that the autonomous vehicle startup Aurora is close to finalizing a deal to merge with one of three blank-check companies that have been formed to date by renowned entrepreneurs Reid Hoffman and Mark Pincus and a third partner in these deals, Michael Thompson, who long managed special situation funds. […]
Cruise can now give passengers rides in driverless cars in California
Cruise, the autonomous vehicle subsidiary of GM that also has backing from SoftBank Vision Fund, Microsoft and Honda, has secured a permit that will allow the company to shuttle passengers in its test vehicles without a human safety operator behind the wheel. The permit, issued by the California Public Utilities Commission as part of its […]
Daily Crunch: Facebook extends Trump’s suspension until January 2023
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Tinder finally adds a Block Contacts feature
Despite the complications of meeting new people in the midst of a global pandemic, dating apps have shown a recent spike in both downloads and usage. Now, as COVID-19 vaccines become more widely available, it’s likely that this trend will continue. In other words, Tinder is anticipating a “post-pandemic uncuffing season,” and they’re rolling out […]
It’s time for security teams to embrace security data lakes
The average corporate security organization is largely ineffective at preventing breaches, IP theft and data loss. Why? The fragmented approach we’re currently using does not work.
Extra Crunch roundup: Guest posts wanted, ‘mango’ seed rounds, Expensify’s tech stack
Prospective contributors regularly ask us about which topics Extra Crunch subscribers would like to hear more about, and the answer is always the same.
Autonomous vehicle startup Aurora in final talks to merge with Reid Hoffman’s newest SPAC
Autonomous vehicle startup Aurora is close to finalizing a deal to merge with Reinvent Technology Partners Y, the newest special purpose acquisition company launched by LinkedIn co-founder and investor Reid Hoffman, Zynga founder Mark Pincus and managing partner Michael Thompson, according to several sources familiar with the talks. One of the sticking points is the […]
Xometry is taking its excess manufacturing capacity business public
Let's take a closer look at the S-1 filed by Xometry, a Maryland-based service that connects companies with manufacturers with excess production capacity around the world.
Don’t miss these startups exhibiting at TC Sessions: Mobility 2021
We’re just five days away from TC Sessions: Mobility 2021, where thousands of mobility movers and shakers will dive deep into the game-changing technology that’s reinventing the way we move people — and pretty much everything else — around the world. Mobility 2021 is a jam-packed event, and we want to make sure you know […]
The rise of cybersecurity debt
In software development, there is a concept called "technical debt." It describes the costs companies pay when they choose to build software the easy (or fast) way instead of the right way.
Facebook buys studio behind Roblox-like Crayta gaming platform
Facebook has been making plenty of one-off virtual reality studio acquisitions lately, but today the company announced that they’re buying something with wider ambitions — a Roblox-like game creation platform. Facebook shared that they’re buying Unit 2 Games, which builds a platform called Crayta. Like some other platforms out there, it builds on top of […]
Facebook will reconsider Trump’s ban in two years
The clock is ticking on former President Donald Trump’s ban from Facebook, formerly indefinite and now for a period of two years, the maximum penalty under a newly revealed set of rules for suspending public figures. But when the time comes, the company will reevaluate the ban and make a decision then whether to end […]
Nigeria suspends Twitter operations, says platform ‘undermines its corporate existence’
Through its Ministry of Information and Culture today, the Nigerian government announced its decision to suspend the activities of social media platform Twitter in the country. The statement, made by Minister of Information and Culture, Lai Mohammed, and signed off by his media aide Segun Adeyemi, could see telecoms in the country prevent Nigerians from […]
TezLab CEO Ben Schippers to discuss the Tesla effect and the next wave of EV startups at TC Sessions: Mobility 2021
As Tesla sales have risen, interest in the company has exploded, prompting investment and interest in the automotive industry, as well as the startup world. TezLab, a free app that’s like a Fitbit for a Tesla vehicle, is just one example of the numerous startups that have sprung up in the past few years as […]
Twitch introduces Animated Emotes for their 10th anniversary
Twitch announced today that it will release major updates to its Emotes this month to celebrate its 10th anniversary. These new features will include Animated Emotes, Follower Emotes and a Library for Emotes. Since the origin of the livestreaming platform for gamers, Emotes — Twitch’s version of emojis — have been a key component of […]
What to expect from WWDC 2021
All things considered, Apple put together a pretty slick all-virtual WWDC last year. Where other companies like Microsoft and Google have opted for a more live (or live-style) experience, the company was parading its execs through a series of smooth drone shots and slick transitions. And with the first year under its belt, it will […]
Five excellent reasons to attend TC Early Stage 2021: Marketing & Fundraising
There’s no crying in baseball, and there are certainly no shortcuts in building a successful startup. But, thanks to TC Early Stage 2021: Marketing and Fundraising on July 8-9, you don’t have to reinvent the freakin’ wheel. This two-day bootcamp offers early-stage founders (pre-seed through Series A) access to the startup ecosystem’s leading experts and […]
As buy-now-pay-later startups keep raising capital, a dive into Klarna, Afterpay and Affirm’s earnings
The BNPL space is flush with consumer interest but not yet awash in profits as major players battle one another for global spend share with a glut of smaller startups hot on their heels.
Facebook’s use of ad data triggers antitrust probes in UK and EU
Facebook is facing a fresh pair of antitrust probes in Europe. The U.K.’s Competition and Markets Authority (CMA) and the EU’s Competition Commission both announced formal investigations into the social media giant’s operations today — with what’s likely to have been coordinated timing. The competition regulators will scrutinize how Facebook uses data from advertising customers […]
Domain experts wanted: Submit your guest articles to Extra Crunch
Guest articles are hugely popular with our startup audience, but right now, we are prioritizing submissions from authors who have expertise in the following areas …
Equity listeners: Do you like prizes? Take our super-fun survey!!!
Hello Equity podcast family, we’re back with another survey. This is our second go-round with collecting your feedback, notes, and vibes. The first survey we conducted back in the early-days of 2020 was super useful in helping us better tune the show. Since then, Equity has grown in frequency and we’ve expanded our production team. […]
Amazon is now open to getting sued
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Despite it being a short week, as always, it was a busy busy time. Our regular Friday producer Grace was under the weather today, so Chris stepped in to help out. And as noted at the top of […]
SoftBank pours up to $150M into GBM, a Mexico City-based investment platform
Grupo Bursátil Mexicano (GBM) is a 35-year-old investment platform in the Mexican stock market. In its first three decades of life, GBM was focused on providing investment services to high net worth individuals and local and global institutions. Over the past decade, the Mexico City-based brokerage has ramped up its digital efforts, and, in the […]
AI cybersecurity provider SentinelOne files for $100M IPO
SentinelOne, a late-stage security startup that helps organizations secure their data using AI and machine learning, has filed for an IPO on the New York Stock Exchange (NYSE). In an S-1 filing on Thursday, the security company revealed that for the three months ending April 30, its revenues increased by 108% year-on-year to $37.4 million […]
In latest big tech antitrust push, Germany’s FCO eyes Google News Showcase fine print
The Bundeskartellamt, Germany’s very active competition authority, isn’t letting the grass grow under new powers it gained this year to tackle big tech: The Federal Cartel Office (FCO) has just announced a third proceeding against Google. The FCO’s latest competition probe looks very interesting as it’s targeting Google News Showcase — Google’s relatively recently launched […]
Indonesian healthcare startup Prixa raises $3M led by MDI and TPTF
Indonesian healthcare startup Prixa has raised $3 million led by MDI Ventures and the Trans-Pacific Technology Fund (TPTF), with participation from returning investors including Siloam Hospitals Group. This brings Prixa’s total raised to $4.5 million since it launched in 2019. Co-founder and chief executive officer James Roring M.D., told TechCrunch in an email that the […]
This one email explains Apple
An email has been going around the internet as a part of a release of documents related to Apple’s App Store based suit brought by Epic Games. I love this email for a lot of reasons, not the least of which is that you can extrapolate from it the very reasons Apple has remained such […]
Flink, the German grocery delivery startup, raises $240M after launching just 6 months ago
On-demand grocery delivery, which really came into its own with the emergence of the Covid-19 pandemic, continues to command huge attention from investors. The jury is still out on how people will use those services in the longer term, but in the meantime, the most ambitious of the startups in the field are raising big. […]
Europe wants to go its own way on digital identity
In its latest ambitious digital policy announcement, the European Union has proposed creating a framework for a “trusted and secure European e-ID” (aka digital identity) — which it said today it wants to be available to all citizens, residents and businesses to make it easer to use a national digital identity to prove who they […]
A new video platform offering classes about skilled trades begins to build momentum
Trade schools are nothing new, but a new startup called Copeland thinks it can build a big business by bringing education about plumbing, drywall, cabinetry and more to the masses through high-quality pre-filmed classes online that feature industry pros and professional educators. If it sounds like a kind of MasterClass for all things construction, that’s […]
Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality
Toyota AI Ventures, Toyota’s standalone venture capital fund, has dropped the “AI” and is reborn as, simply, Toyota Ventures. The fund is commemorating its new identity by investing an additional $300 million in emerging technologies and carbon neutrality via two early-stage funds: the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund. The introduction […]
TikTok just gave itself permission to collect biometric data on US users, including ‘faceprints and voiceprints’
A change to TikTok’s U.S. privacy policy on Wednesday introduced a new section that says the social video app “may collect biometric identifiers and biometric information” from its users’ content. This includes things like “faceprints and voiceprints,” the policy explained. Reached for comment, TikTok could not confirm what product developments necessitated the addition of biometric […]
White House expands investment ban on Chinese tech and telecom companies
The Biden administration has replaced and expanded Trump-era restrictions on investing in certain Chinese firms deemed supportive of that country’s surveillance and military apparatus. Major tech, space and telecom companies are listed in the initial 59 covered by the executive order, with more to come by order of the Treasury. “I find that the use […]
Aurora brings in outsiders to boost safety efforts, public trust of driverless vehicles
Aurora, the autonomous vehicle company that acquired Uber ATG last year, has assembled a team of outside experts, shared new details about its operations in a self-assessment safety report and launched a website as part of a broader effort to win over consumers wary of the technology that they may someday share the road with, or […]
For SaaS startups, differentiation is an iterative process
To scale sustainably, grow the customer base and mature to the point of exit, a SaaS startup needs to stand apart from the herd at every phase of its development.
Daily Crunch: Canada and Australia get first look at Twitter Blue subscription service
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Medium sees more employee exits after CEO publishes ‘culture memo’
In April, Medium CEO Ev Williams wrote a memo to his staff about the company’s shifting culture in the wake of a challenging year. “A healthy culture brings out the best in people,” he wrote. “They feel psychologically safe voicing their ideas and engaging in debate to find the best answer to any question — […]
Paramount+ will launch a $4.99 monthly ad-supported subscription
If you didn’t want to shell out $9.99 per month to watch the meme-worthy iCarly reboot, now you won’t have to. On Monday, Paramount+ will launch its ad-supported Essential Plan, priced at $4.99 per month. This less expensive plan will replace the CBS All Access plan, which included commercials, but also granted access to local […]
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